Civic Intelligence

Cooperativa De Ahorro Y Credito De Rincon

EIN 66-0228482 • 501(c)14 • Rincon, PR

View Organization Page

Rincon, PR
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

4th percentile

0.62x

Higher debt load relative to assets than 4% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

16.79x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2021

Net Margin

89th percentile

21%

Higher net margin than 89% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

2nd percentile

$109,964

Higher top officer pay than 2% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)14 • $250M-$1B nonprofits • Source year 2021

Asset Growth

99th percentile

28%

Faster asset growth than 99% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

4.0%

Faster revenue growth than 18% of similar nonprofits.

501(c)14 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$738,053,311

Up $160,428,911 (+28%) from 2020

Liabilities

Up

$456,226,855

Up $121,557,896 (+36%) from 2020

Net Assets

Up

$281,826,456

Up $38,871,015 (+16%) from 2020

Operations
Liabilities / Revenue75th percentileNet Margin89th percentile

Revenue

Up

$27,176,725

Up $1,041,647 (+4.0%) from 2020

Expenses

Up

$21,396,754

Up $1,080,128 (+5.3%) from 2020

Net Income

Down

$5,779,971

Down $38,481 (-0.7%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800M$600M$400M$200M$0Assets 2011: $554,354,217Liabilities 2011: $331,965,024Net Assets 2011: $222,389,1932011Assets 2012: $591,613,014Liabilities 2012: $332,805,803Net Assets 2012: $258,807,2112012Assets 2013: $602,307,677Liabilities 2013: $331,767,755Net Assets 2013: $270,539,9222013Assets 2014: $617,070,013Liabilities 2014: $345,007,393Net Assets 2014: $272,062,6202014Assets 2015: $633,805,659Liabilities 2015: $346,822,505Net Assets 2015: $286,983,1542015Assets 2016: $572,653,496Liabilities 2016: $312,010,847Net Assets 2016: $260,642,6492016Assets 2017: $565,659,192Liabilities 2017: $308,406,078Net Assets 2017: $257,253,1142017Assets 2018: $550,717,027Liabilities 2018: $300,788,366Net Assets 2018: $249,928,6612018Assets 2019: $536,008,236Liabilities 2019: $297,406,485Net Assets 2019: $238,601,7512019Assets 2020: $577,624,400Liabilities 2020: $334,668,959Net Assets 2020: $242,955,4412020Assets 2021: $738,053,311Liabilities 2021: $456,226,855Net Assets 2021: $281,826,4562021

Highlighted filing

2021

Assets$738,053,311
Liabilities$456,226,855
Net Assets$281,826,456
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0Revenue 2011: $29,344,337Expenses 2011: $19,766,159Net Income 2011: $9,578,1782011Revenue 2012: $29,616,786Expenses 2012: $19,560,767Net Income 2012: $10,056,0192012Revenue 2013: $30,052,692Expenses 2013: $18,790,727Net Income 2013: $11,261,9652013Revenue 2014: $30,231,189Expenses 2014: $19,151,260Net Income 2014: $11,079,9292014Revenue 2015: $29,251,272Expenses 2015: $19,877,522Net Income 2015: $9,373,7502015Revenue 2016: $28,170,458Expenses 2016: $20,363,061Net Income 2016: $7,807,3972016Revenue 2017: $26,485,799Expenses 2017: $20,625,236Net Income 2017: $5,860,5632017Revenue 2018: $23,452,749Expenses 2018: $16,801,415Net Income 2018: $6,651,3342018Revenue 2019: $25,290,689Expenses 2019: $21,287,256Net Income 2019: $4,003,4332019Revenue 2020: $26,135,078Expenses 2020: $20,316,626Net Income 2020: $5,818,4522020Revenue 2021: $27,176,725Expenses 2021: $21,396,754Net Income 2021: $5,779,9712021

Highlighted filing

2021

Revenue$27,176,725
Expenses$21,396,754
Net Income$5,779,971
Open 2021 Filing

Filings

Most recent year

2021 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$738,053,311
Liabilities
$456,226,855
Net assets
$281,826,456
Revenue
$27,176,725
Expenses
$21,396,754
Net income
$5,779,971
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$738$456$282$27.2$21.4$5.78
2020Summary only. Only limited summary data is available for this year.$578$335$243$26.1$20.3$5.82
2019Summary only. Only limited summary data is available for this year.$536$297$239$25.3$21.3$4.00
2018Summary only. Only limited summary data is available for this year.$551$301$250$23.5$16.8$6.65
2017Summary only. Only limited summary data is available for this year.$566$308$257$26.5$20.6$5.86
2016Summary only. Only limited summary data is available for this year.$573$312$261$28.2$20.4$7.81
2015Summary only. Only limited summary data is available for this year.$634$347$287$29.3$19.9$9.37
2014Summary only. Only limited summary data is available for this year.$617$345$272$30.2$19.2$11.1
2013Summary only. Only limited summary data is available for this year.$602$332$271$30.1$18.8$11.3
2012Summary only. Only limited summary data is available for this year.$592$333$259$29.6$19.6$10.1
2011Summary only. Only limited summary data is available for this year.$554$332$222$29.3$19.8$9.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jun 1, 2022
Return Version
2020v4.0
Gross Receipts
$27,176,725
Mission and Program Overview

Mission

To obtain savings deposits from its members as shares and deposits and financing sources in accordance with the cooperative movement philosophy.

o obtain savings deposits from its members as shares and deposits and financing sources in accordance with the cooperative movement philosophy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$273,573,572$303,867,096▲ $30,293,524
Cap Stk Tr Prin Current Funds$201,545,039$238,052,327▲ $36,507,288
Investments Other Securities$144,488,051$214,591,863▲ $70,103,812
Savings and Temporary Cash Investments$64,685,145$107,126,637▲ $42,441,492
Cash and Non-Interest-Bearing Accounts$53,603,928$64,865,559▲ $11,261,631
Pd in Cap Srpls Land Bldg Eqp Fund$37,910,404$39,774,129▲ $1,863,725
Investments Program Related$10,761,082$12,564,596▲ $1,803,514
Pledges and Grants Receivable-$10,276,073-
Land, Buildings, and Equipment, Net$5,147,795$7,277,634▲ $2,129,839
Rtn Earn Endowment Incm Other Fnds$3,500,000$4,000,000▲ $500,000
Accounts Receivable$3,677,074$0▼ $3,677,074
Prepaid Expenses and Deferred Charges$131,843$117,508▼ $14,335
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments in Publicly Traded Securities-$0-
Intangible Assets$0$0→ $0
Total Assets$577,624,400$738,053,311▲ $160,428,911
Other Assets Total$21,555,910$17,366,345▼ $4,189,565
Liabilities
Other Liabilities$330,750,891$452,587,953▲ $121,837,062
Accounts Payable and Accrued Expenses$3,918,066$3,638,902▼ $279,164
Total Liabilities$334,668,957$456,226,855▲ $121,557,898
Net Assets / Fund Balance
Total Net Assets Fund Balance$242,955,443$281,826,456▲ $38,871,013
Total Liabilities and Net Assets / Fund Balance$577,624,400$738,053,311▲ $160,428,911

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,006,983$3,905,982$0
Other Land Buildings$0$0$0
Land$471,161-$0
Equipment$1,799,490$5,183,197$0
Leasehold Improvements$0$0$0
Other Securities$214,591,863--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay2nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carmelo Rosario NievesExecutive PresidentFT$109,964$109,964
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,025,669
Investment Income
$5,684,864
Other Revenue
$2,466,192
Change in Net Assets
$5,779,971

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,176,725
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$27,176,725
Total Revenue per Form 990
$27,176,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,622,652
Salaries, Compensation, and Employee Benefits$3,407,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$8,864,260-$8,864,260
Interest$3,997,238--$3,997,238
Other Salaries and Wages-$2,753,978-$2,753,978
Insurance$2,112,753$528,188-$2,640,941
Fees for Services Other-$786,473-$786,473
Depreciation Depletion-$706,756-$706,756
Benefits to Members$366,473--$366,473
Pension Plan Contributions-$279,601-$279,601
Payroll Taxes-$266,070-$266,070
Advertising-$255,559-$255,559
Office Expenses-$161,369-$161,369
Conferences and Meetings-$160,256-$160,256
Other Employee Benefits-$107,980-$107,980
Fees for Services Legal-$42,000-$42,000
Travel-$7,800-$7,800
Total Functional Expenses$6,476,464$14,920,290$0$21,396,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,396,754
Total Expenses per Audited Statements$21,396,754
Total Expenses per Form 990$21,396,754
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Section 527 Activity Spending$0
Total Exempt Function Spending$0
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits on Savings Accounts$283,184,907
Certificate of Deposits$143,850,088
Sharedraft Accounts$19,234,337
Christmas & Summer Club Savings Plan$6,318,621
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Classes of members or stockholders the organization is composed of members who join voluntarily to meet their common economic and social needs.”

Form 990, Part VI, Section A, Line 7A

“The members of the organization had the power to elect the board of directors for different terms as provided the members of the organization had the power to elect the board of directors for different terms as provided closing of the fiscal year of the organization. Other committess are also elected in this annual meeting such as he supervisory committee. The board of directors is in charge of the governance decision of the organization.”

Form 990, Part VI, Section A, Line 7B

“Any administrative matter presented by a member in the annual meeting of members by means of a formal proposal which is approved by the majority of the votes will be mandatory for the present and absent proposal which is approved by the majority of the votes will be mandatory for the present and absent”

Form 990, Part VI, Section B, Line 11B

“review by the executive president and sen copy to the board of directors”

Form 990, Part VI, Section B, Line 15

“according to the employee manual”

Form 990, Part VI, Section C, Line 19

“available upon request”

Filing and Contact Details

Filer

Filer Name
Cooperativa De Ahorro Y Credito De Rincon
EIN
66-0228482
Phone
7878231515
Address
PO BOX 608, RINCON, PR 00667-0608

Signing Officer

Name
Carmelo Rosario
Title
Executive President
Phone
7878231515
Signed
2022-06-01

Organization Details

Principal Officer
Carmelo Rosario Nieves
Formed
1955
Legal Domicile
Pr
Voting Board Members
0
Independent Board Members
0
Employees
87
Volunteers
15
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“see detail attach”

Form 990, Part XI, Line 9

“Additional investment of shares by members”

Raw XML AppendixShowing 400 of 432 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03918066
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03638902
IRS990/AccountsReceivableGrp/BOYAmt03677074
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0o obtain savings deposits from its members as shares and deposits and financing sources in accordance with the cooperative movement philosophy.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0255559
IRS990/AdvertisingGrp/TotalAmt0255559
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08864260
IRS990/AllOtherExpensesGrp/TotalAmt08864260
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd00
IRS990/BenefitsToMembersGrp/ProgramServicesAmt0366473
IRS990/BenefitsToMembersGrp/TotalAmt0366473
IRS990/BooksInCareOfDetail/PersonNm0CARMELO ROSARIO NIEVES CPA
IRS990/BooksInCareOfDetail/PhoneNum07878231515
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 608
IRS990/BooksInCareOfDetail/USAddress/CityNm0RINCON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0006670608
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0201545039
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0238052327
IRS990/CashNonInterestBearingGrp/BOYAmt053603928
IRS990/CashNonInterestBearingGrp/EOYAmt064865559
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0160256
IRS990/ConferencesMeetingsGrp/TotalAmt0160256
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt0366473
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05684864
IRS990/CYOtherExpensesAmt017622652
IRS990/CYOtherRevenueAmt02466192
IRS990/CYProgramServiceRevenueAmt019025669
IRS990/CYRevenuesLessExpensesAmt05779971
IRS990/CYSalariesCompEmpBnftPaidAmt03407629
IRS990/CYTotalExpensesAmt021396754
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt027176725
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0706756
IRS990/DepreciationDepletionGrp/TotalAmt0706756
IRS990/Desc0DURING THE FISCAL YEAR ENDED ON JUNE 30, 2021 THE INSTITUTION OBTAINED SAVINGS DEPOSITS FROM ITS MEMBERS AS SHARES AND DEPOSITS PROVIDING FINANCING TERMS AND CONDITION, INTEREST AND INSURANCE BENEFITS IN ACCORDANCE WITH THE COOPERATIVE MOVEMENT PHILOSOPHY. THE INSTITUTION SERVES APPROXIMATELY 30,000 MEMBERS AND IS A TAX EXEMPT ORGANIZATIONS IN PR
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt087
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt06476464
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt042000
IRS990/FeesForServicesLegalGrp/TotalAmt042000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0786473
IRS990/FeesForServicesOtherGrp/TotalAmt0786473
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt060
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt060
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0CARMELO ROSARIO NIEVES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0109964
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt027176725
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0528188
IRS990/InsuranceGrp/ProgramServicesAmt02112753
IRS990/InsuranceGrp/TotalAmt02640941
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt03997238
IRS990/InterestGrp/TotalAmt03997238
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05684864
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05684864
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0144488051
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0214591863
IRS990/InvestmentsProgramRelatedGrp/BOYAmt010761082
IRS990/InvestmentsProgramRelatedGrp/EOYAmt012564596
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09089179
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05147795
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07277634
IRS990/LandBldgEquipCostOrOtherBssAmt016366813
IRS990/LegalDomicileStateCd0PR
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To obtain savings deposits from its members as shares and deposits and financing sources in accordance with the cooperative movement philosophy.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0242955443
IRS990/NetAssetsOrFundBalancesEOYAmt0281826456
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0161369
IRS990/OfficeExpensesGrp/TotalAmt0161369
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021555910
IRS990/OtherAssetsTotalGrp/EOYAmt017366345
IRS990/OtherChangesInNetAssetsAmt033091042
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0107980
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107980
IRS990/OtherLiabilitiesGrp/BOYAmt0330750891
IRS990/OtherLiabilitiesGrp/EOYAmt0452587953
IRS990/OtherRevenueMiscGrp/BusinessCd0522130
IRS990/OtherRevenueMiscGrp/BusinessCd1522130
IRS990/OtherRevenueMiscGrp/BusinessCd2522130
IRS990/OtherRevenueMiscGrp/Desc0SERVICE COMMISIONES
IRS990/OtherRevenueMiscGrp/Desc1ATM AND MASTER CARDS INCOME
IRS990/OtherRevenueMiscGrp/Desc2OTHERS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0296157
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1396527
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21773508
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0296157
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1396527
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21773508
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt02466192
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02753978
IRS990/OtherSalariesAndWagesGrp/TotalAmt02753978
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0273573572
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0303867096
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0266070
IRS990/PayrollTaxesGrp/TotalAmt0266070
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt037910404
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt039774129
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0279601
IRS990/PensionPlanContributionsGrp/TotalAmt0279601
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010276073
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0131843
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0117508
IRS990/PrincipalOfficerNm0CARMELO ROSARIO NIEVES
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522130
IRS990/ProgramServiceRevenueGrp/Desc0COMSUMER LENDING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019025669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019025669
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHERS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHERS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0370005
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05379244
IRS990/PYOtherExpensesAmt015787597
IRS990/PYOtherRevenueAmt01744396
IRS990/PYProgramServiceRevenueAmt018371995
IRS990/PYRevenuesLessExpensesAmt05818454
IRS990/PYSalariesCompEmpBnftPaidAmt03519579
IRS990/PYTotalExpensesAmt019677181
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025495635
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05779971
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt027176725
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03500000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04000000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt064685145
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107126637
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/InternalFundsContributedAmt00
IRS990ScheduleC/PoliticalExpendituresAmt00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule C, Part I-A, Line 1
IRS990ScheduleC/TotalExemptFunctionExpendAmt00
IRS990ScheduleC/VolunteerHoursCnt00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05006983
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03905982
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt08912965
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt00
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01799490
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05183197
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06982687
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt021396754
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt00
IRS990ScheduleD/FinancialDerivativesGrp/MethodValuationCd0C
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0471161
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0471161
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0283184907
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1143850088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26318621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt319234337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS ON SAVINGS ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CERTIFICATE OF DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CHRISTMAS & SUMMER CLUB SAVINGS PLAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SHAREDRAFT ACCOUNTS
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0214591863
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN BONDS AND GOVERNMENT SEC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt027176725
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07277634
IRS990ScheduleD/TotalBookValueSecuritiesAmt0214591863
IRS990ScheduleD/TotalExpensesPerForm990Amt021396754
IRS990ScheduleD/TotalLiabilityAmt0452587953
IRS990ScheduleD/TotalRevenuePerForm990Amt027176725
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027176725
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt021396754
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS THE ORGANIZATION IS COMPOSED OF MEMBERS WHO JOIN VOLUNTARILY TO MEET THEIR COMMON ECONOMIC AND SOCIAL NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ORGANIZATION HAD THE POWER TO ELECT THE BOARD OF DIRECTORS FOR DIFFERENT TERMS AS PROVIDED THE MEMBERS OF THE ORGANIZATION HAD THE POWER TO ELECT THE BOARD OF DIRECTORS FOR DIFFERENT TERMS AS PROVIDED CLOSING OF THE FISCAL YEAR OF THE ORGANIZATION. OTHER COMMITTESS ARE ALSO ELECTED IN THIS ANNUAL MEETING SUCH AS HE SUPERVISORY COMMITTEE. THE BOARD OF DIRECTORS IS IN CHARGE OF THE GOVERNANCE DECISION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY ADMINISTRATIVE MATTER PRESENTED BY A MEMBER IN THE ANNUAL MEETING OF MEMBERS BY MEANS OF A FORMAL PROPOSAL WHICH IS APPROVED BY THE MAJORITY OF THE VOTES WILL BE MANDATORY FOR THE PRESENT AND ABSENT PROPOSAL WHICH IS APPROVED BY THE MAJORITY OF THE VOTES WILL BE MANDATORY FOR THE PRESENT AND ABSENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3review by the executive president and sen copy to the board of directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4according to the employee manual
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6see detail attach
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ADDITIONAL INVESTMENT OF SHARES BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0577624400
IRS990/TotalAssetsEOYAmt0738053311
IRS990/TotalAssetsGrp/BOYAmt0577624400
IRS990/TotalAssetsGrp/EOYAmt0738053311
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt087
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014920290
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06476464
IRS990/TotalFunctionalExpensesGrp/TotalAmt021396754
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0334668957
IRS990/TotalLiabilitiesEOYAmt0456226855
IRS990/TotalLiabilitiesGrp/BOYAmt0334668957
IRS990/TotalLiabilitiesGrp/EOYAmt0456226855
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0242955443
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0281826456
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt06476464
IRS990/TotalProgramServiceRevenueAmt019025669
IRS990/TotalReportableCompFromOrgAmt0109964
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027176725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027176725
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0577624400
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0738053311
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07800
IRS990/TravelGrp/TotalAmt07800
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)14 • $250M-$1B nonprofits